(The following statement was released by the rating agency) NEW YORK, September 25 (Fitch) Fitch Ratings has affirmed the ‘AA-‘ Insurer Financial Strength (IFS) rating of Mutual of America Life Insurance Company (MOA). The Rating Outlook is Stable. KEY RATING DRIVERS MOA’s rating is based on the company’s established strong niche position in the small to midsized not-for-profit pension market, extremely strong balance sheet fundamentals and conservative investment portfolio…
Sept 25 (Reuters) – China has narrowly escaped major financial crises for over two decades. But the good times may soon be over – and not because of the recent stock market crash.
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